There is an opportunity cost to starting a new business. Depending on market and your experience it can take several years before you get anywhere close to earning the same level of income as a mid to senior level FAANG employee. There is also the time commitment to dealing with everything outside of being an IC (taxes, healthcare, finance, marketing, disputes, legal).
To anyone exploring starting a new business I would keep the day job and suffer until you get to a point where the business is on a good clip and you can dedicate all your time to it. Otherwise spending 20 years at FAANG and enjoying your life is really not a bad way to live, in fact its a dream to 99% of the planets population.
Just look for companies that are profitable (read their financial statements) and have long average employee tenure (use linkedin premium, check company insights). I'm returning to a boring/old tech company because the benefits were better than any startup I worked at, I was making $400k-500k/yr, I had free time after hours and enjoyed my weekends.
I use web hooks now and they work really well for asynchronous situations. Spinning up a base app in node to do this is super simple and much easier to maintain than doing it in a kafka message bus.
Nice to see so many developers owning up to the "resume building" and being pragmatic about solving human/business problems versus technology for the sake of it.
Age 13-29, I mostly had oodles of free time to listen, explore music and a network of friends sharing their discoveries.
Age 30-40, I got really busy and had more people involved in my professional and private life so it became harder to fit in music exploration (something I really enjoy). And less friends sharing their music.
I think streaming has a lot to do with this as my parents had a monthly record club they organized. A bunch of friends with their kids got together at someones home, made dinner, drank and listened to new music in the background.
SBF was a bright kid that was further enabled by his parents and the environment he grew up in. Imagine taking peoples life savings and being on speed while arbitraging exchanges? Thats some real hubris to not reflect that you might make a mistake at some point. The intellectual arrogance further indicts his parents who likely cheered him on.
This only makes sense when upholsterers dont cost more than buying an entirely new sofa. My family used to reupholster furniture every 5 years and it was cheap because my mother had an interior design firm and got very good rates.
I tried the same here in the US with some high end Scandinavian furniture ($5k), the quote was up to 1x what I originally paid. In the end it made sense to just buy new again.
The cost of labor of where you reside has a significant effect on whether you purchase another 'junk' piece of furniture.
Love the idea and lived in London to experience this. Amazing way to work but long term living is expensive as everyone wants to live like this, the photos shared in the article in London and Amsterdam are some of the most expensive places to reside. I believe what many feel is this is just another development exclusively for the $500k+/yr family and ultimately will lead to more traffic congestion for the surrounding areas and less affordability for surrounding towns.
As others have commented why not redevelop existing cities, rather than creating more urban sprawl? If bureaucracy/corruption in local government is a problem then fund politicians and get voters out to change this. Why arent feds involved in redevelopment? SF/Oakland/Berkeley are nowhere near the dense living of europe but they are going in the right direction. The problem these cities have is they simply arent run very well and have weak leadership that flop along with whatever the current thing is.
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